The First Trust Large Cap Value AlphaDEX Fund ETF (AMEX:FTA) is seeing unusually high volume in afternoon trading Thursday, with over 864,000 shares traded versus three month average volume of about 107,000. Shares of FTA were up about 0.4% on the day.
Components of that ETF with the highest volume on Thursday were Bank of America (NYSE:BAC), trading up about 0.4% with over 24.8 million shares changing hands so far this session, and Best Buy (NYSE:BBY), up about 1.2% on volume of over 19.4 million shares. Netapp (NASDAQ:NTAP) is the component faring the best Thursday, higher by about 3.9% on the day, while Target (NYSE:TGT) is lagging other components of the First Trust Large Cap Value AlphaDEX Fund ETF, trading lower by about 2.5%.
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